Binance is the subject of speculation and rumors, and the exchange token BNB experiences losses as a result of the purported FUD

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The biggest cryptocurrency exchange by trade volume, Binance, has recently been the subject of rumors and conjecture following the FTX collapse. According to four persons familiar with the situation, U.S. Department of Justice prosecutors have been looking into Binance, according to a Reuters article from December 12, 2022. A few crypto assets have appreciated in value during the past week, while Binance’s exchange token has fallen by about 6.9% against the dollar in the same time frame.

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